1) All forex and stock trading signals must be given in real time. It is crucial that you can trade on similar prices to the prices they have in their signals, if you cannot achieve this you will not be able to achieve their claimed performance record. They must provide clear entry and exit signals, there must not be any subjectivity.
2) Every forex and stock trading signal service must offer a published track record that every client can verify. If a service doesn't offer a performance record, what are they hiding? If there service is good, they will want to showcase their record. And, of course, look for service providers with long and profitable track records.
3) You must be able to receive stock and forex signals via email, twitter, SMS and a members log on area. Having multiple channels of delivery is a must have for every trading signal service. If your on the road a lot or away from the office, you want to rest assured you can still receive trading signals in real time.
4) They must offer signals on multiple markets. You shouldn't subscribe to a service that only offers signals on a handful of stocks or any other instrument. Look for a diversified offering covering many markets so you can keep a diversified portfolio that isn't concentrated on a few markets.
5) The service must be offered by a professional trader backed by his trading record. There are so many rip off artists out there who are really novice traders and are just passing the trading signals on from some other person's trading system. Look for a name behind the signals and preferably someone with industry experience.
6) The stock and forex signal service must have it's own proprietary trading method and/or software to find stock and forex trades. Relying on one guy looking over charts to find signals is too risky, your forex signals service needs to be backed by a team of qualified traders and programmers who have a systematic approach to trading the markets.
7) Only deal with registered companies. If they don't display a registered company name on their website, ask for one, if they cannot show this, steer clear. Registered companies have obligations and rules that individuals don't have to adhere to.
8) Look for a provider that offers a free 30 day trial. Don't subscribe to services that ask for 1 year payment or lifetime payment up front, they will have no accountability to deliver on their promises. After a 30 day free trial, they should offer a low monthly subscription price.
9) Find a provider that in addition to providing quality forex real time trading signals, they should also give market commentary, research and analysis to help keep your abreast of market conditions and changes.
10) The provider must offer full support to all clients everyday. You should send a test email to their support and record how long they take to reply, any company that takes longer than 24 hours to reply should be disregarded as too slow to service you. Only accept the best!
There you have it, 10 things to cross of your checklist when searching for a forex and stock trading signal service. Stick to these items and you will have given yourself the best chance to succeed off the back of a professional trader.
So, which forex and stock trading signal service provider meets all the 10 above checklist items and some? Pair Trading Signals is one such company. They offer real time trading signals on stocks, etf's and forex using a market neutral trading strategy. Backed by professional ex-investment bank trader Jared Mann and his team of qualified programmers they have built a 2 year profitable track record.
Sign up for a FREE 30 day trial to Pair Trading Signals now!
http://www.pairtradingsignals.com
Published by Jared Mann.
Article Source: http://EzineArticles.com/?expert=Jared_Mann
